What do most exchange-traded funds (ETFs) and many blue-chip stocks have in common?
They’re big, they’re popular with Wall Street pundits … and they don’t deliver nearly as much income as investors need to retire.
Not even close.
I want to share some ugly and eye-opening numbers with you about the skinflint ETF industry. I recently dug into the 100 most popular funds by assets under management, and here’s what I found:
- Just one of those 100 funds yields more than 7.7% – my threshold for a truly retirement-sustaining holding.
- Only about a dozen of those funds yield more than 3%.